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First Bank Branch Sealed For Defying Court Judgement

First Bank Branch Sealed For Defying Court Judgement

Following a National Industrial Court order in Makurdi, Benue State, to enforce a judgement against First Bank Nigeria Limited, activities at the bank were disrupted for over six hours on Monday, leaving customers of the bank stranded. The customers were shut out of the office from 8:30am to about 3:10pm when this report was compiled. […]

Access Bank Unveils 5-year Growth Strategy

Access Bank Unveils 5-year Growth Strategy

The new strategy has six strategic levers, which are “digitally led Access Bank Plc has announced its new five-year strategy with an ambitious plan to become Africa’s gateway to the world. The full service commercial bank with headquarters in Nigeria and operations across sub-Saharan Africa, the United Kingdom, Asia and the Middle East, disclosed this […]

Emefiele Is Best CBN Governor Ever – Zenith Boss

Emefiele Is Best CBN Governor Ever – Zenith Boss

Mr. Jim Ovia, Chairman of Zenith Bank Plc, has described the University of Nigeria, Nsukka (UNN) as a training ground for capable and committed change agents, saying this was evident in the quality and capacity of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, an alumni of the institution, whom he […]

CBN Deputy Governor, 8 Bank CEOs For CIBN awards

CBN Deputy Governor, 8 Bank CEOs For CIBN awards

The Deputy Governor of Central Bank of Nigeria (CBN), Dr. Joseph Nnanna; the Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo; and over 50 CEOs, executive directors, top management staff members of banks as well as academics will be conferred with the Fellowship and Honorary Senior Membership of the Chartered Institute of Bankers […]

Court Orders CBN, Others To Freeze Accounts Without BVN

Court Orders CBN, Others To Freeze Accounts Without BVN

The Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) and the 19 commercial banks in the country to disclose all accounts in their custody and the balances in such accounts. The court ordered the banks to disclose the details of all such accounts, their owners and their proceeds in their […]

Ecobank Disowns Company Using Its Name To Seek Investment Via Social Media

Ecobank Disowns Company Using Its Name To Seek Investment Via Social Media

Please note that Altlantic Global Asset Management is not known to Ecobank Nigeria Ecobank Nigeria Limited has disowned Altlantic Global Asset Limited, which has been soliciting for investments using its name. The company has largely been operating on the social media, especially WhatsApp, in carrying out its soliciting for investment. Ecobank, in a statement on […]

Fed. Govt. Restructures Bank of Agriculture

Fed. Govt. Restructures Bank of Agriculture

The Federal Government announced on Thursday, the commencement of the restructuring of the Bank of Agriculture (BoA) in order to ease credit facility to Nigerian farmers. It made the announcement at a press briefing in Abuja as it celebrated the 2017 World Food Day, with the theme, ‘Change the Future of Migration: Invest in Food […]

Buhari Seeks Senate’s Approval For CBN Deputy, Others

Buhari Seeks Senate’s Approval For CBN Deputy, Others

President Buhari has written to the Senate seeking approval for the appointment of Mrs. Aishah Ahmad as Deputy Governor of the Central Bank of Nigeria and members of the Monetary Policy Committee of the apex bank. The MPC nominees are Prof. Adeola Festus Adenikinju; Dr. Aliyu Rafindadi Sanusi; Dr. Robert Chikwendu Asogwa and Dr. Asheikh […]

Work On Financial Literacy, Consumer Protection, NDIC Charges Bankers

Work On Financial Literacy, Consumer Protection, NDIC Charges Bankers

The Nigeria Deposit Insurance Corporation (NDIC) has called on bankers in the country to pay more attention on financial literacy and consumer protection issues. Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim made this call while speaking at the Chartered Institute of Bankers of Nigeria (CIBN) Graduates’ Induction and Prize Award Day in Lagos. Ibrahim noted […]

EFCC Quizzes Ex-Skye Bank Chairman Over N1bn Jonathan’s Campaign Fund

EFCC Quizzes Ex-Skye Bank Chairman Over N1bn Jonathan’s Campaign Fund

Interrogation of Ayeni, who was accompanied to EFCC’s office by his counsel, began on Thursday The Economic and Financial Crimes Commission (EFCC) has quizzed a former Chairman of Skye Bank Plc, Mr. Tunde Ayeni, for alleged multiple fraud, including a controversial N1 billion donation to the campaign fund of ex-President Goodluck Jonathan in 2011 by […]

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